Barack Obama awarded 2009 Nobel Peace Prize
Sky News foreign affairs editor Tim MarshallBut next year let's give it to Miss World. Every year Miss World comes on and says I want world peace and the world free of nuclear weapons.It's a hope, an aspiration. This is a Nobel Peace Prize for not being George Bush.
President Barack Obama has been awared the 2009 Nobel Peace Prize for "his extraordinary efforts to strengthen international diplomacy and co-operation between peoples".
The committee said they agreed with Obama's "vision of and work for a world without nuclear weapons".
Already many news commentators from various media sites have question this award and that it 'may be to early to judge Obamas work'.
The Nobel Committee said on issuing the award: "Only very rarely has a person to the same extent as Obama captured the world's attention and given its people hope for a better future"
"His diplomacy is founded in the concept that those who are to lead the world must do so on the basis of values and attitudes that are shared by the majority of the world's population."
The prize worth 10 million Swedish kronor ($1.4m/£880,000) includes a gold medal and a diploma, all the prizes will be presented to Obama in Oslo on December 10.
Some of the favourites this year were Zimbabwe's prime minister and a Chinese dissident, There was a record total of 205 nominations for the title.
Weblinks: The Nobel Foundation
THE SELECTION PROCESS
Those qualified to nominate candidates include members of national governments, international judiciary, academics and previous prize winners
Five Norwegians are chosen by Norway's parliament to sit on the Nobel Committee
The committee compiles a shortlist of between five and 20 candidates
The shortlist is considered by the Nobel Institute's permanent advisers, mainly Norwegian academics
The Nobel Committee chooses the winner
Details of the nominations and selection process are kept secret for 50 years
US President Barack Obama has won the 2009 Nobel Peace Prize.
The Nobel Committee said he was awarded it for "his extraordinary efforts to strengthen international diplomacy and co-operation between peoples".
There were a record 205 nominations for this year's prize.
The laureate - chosen by a five-member committee - wins a gold medal, a diploma and 10m Swedish kronor ($1.4m).